re: Obama isn't serious about the deficit. He just wants to punish the wealthy.(Posted by Rocket on 12/2/12 at 7:24 pm to Bard)

quote:Because tax hikes in a down economy and in the face of runaway spending is "smart, responsible government"? Nice self-pwnage

No, the GOP's borrow and spend philosphy is bull shite. It's not a good long term strategy. For a long time, The GOP got a lot of votes because of the promise to cut taxes but you aren't even winning on that anymore.

The GOP is going to become more and more irrelevant as the years go by.

re: Obama isn't serious about the deficit. He just wants to punish the wealthy.(Posted by Bard on 12/2/12 at 7:33 pm to Rocket)

quote:No, the GOP's borrow and spend philosphy is bull shite.

Who has had the most control since 2006? The Dems. Who has presided over the most deficit spending in the history of this country? The Dems. Who has spent the most total deficit Dollars since 2000? The Dems. Who has spent the most deficit Dollars on a year-to-year average? The Dems.

If anyone is to be burdened with the mantle of borrow-and-spend currently, it's the Democrat party and there's not a shred of data you can produce that shows otherwise. I, on the other hand, have proven my point with the White House's own data.

quote:For a long time, The GOP got a lot of votes because of the promise to cut taxes but you aren't even winning on that anymore.

And why is that? Who is pushing the erroneous belief that the best way to fix the economy is to raise taxes? Who is pushing the falsity that the Bush tax cuts were "tax cuts for the rich" and haven't increased revenues?

re: Obama isn't serious about the deficit. He just wants to punish the wealthy.(Posted by Bard on 12/2/12 at 7:40 pm to Rocket)

quote:Obama deserves another term to get things right.

What has he done to deserve that? Spending more deficit Dollars than any other President and in less than half the time it took his predecessor?

quote:He will.

How? His two big plans seem to be "tax the rich" and "spend our way out of it".

The problem with these two philosophies is that they aren't anything more than placebos. You could tax the rich at 100% and you still wouldn't make much of a dent in the yearly deficit (much less paying down the debt) and we have already tried to spend our way out and that's gotten us nothing but more debt and a plate full of bankrupt companies that were coincidentally big political supporters of the President.

re: Obama isn't serious about the deficit. He just wants to punish the wealthy.(Posted by Rocket on 12/2/12 at 7:42 pm to Bard)

quote:If anyone is to be burdened with the mantle of borrow-and-spend currently, it's the Democrat party and there's not a shred of data you can produce that shows otherwise

Sorry, the GOP basically invented borrow and spend in the 80's

And once they got back in in 2001, they repeated it

quote:And why is that? Who is pushing the erroneous belief that the best way to fix the economy is to raise taxes? Who is pushing the falsity that the Bush tax cuts were "tax cuts for the rich" and haven't increased revenues?

The American voters are coming to their senses and realizing that GOP economic policy is not a good long term policy.